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9041 Corona Ave 4,609 SF 100% Leased Retail Building Elmhurst, NY 11373 $1,999,999 ($433.93/SF)
Investment Highlights
- All newly constructed Mixed-Use 3 story with basement (4 Levels) in year 2020
- Open plan features exposed brick wall
- 4 zones Central A/C, 2 Full Bathrooms & 4 Half Bathrooms
- The building can be use for both commercial and residential purposes
- 1st Floor commercial space, Upper Floor residential apartment, Full finished Basement
- LED Ceiling lighting, Wood floors in all bedrooms, Tile floors in common areas
Executive Summary
Commercial first floor used as a church with offices and classrooms above; basement also occupied. Property is tax exempt and requires Attorney General approval due to nonprofit status.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,609 SF
Building Class
C
Year Built/Renovated
1931/2020
Price
$1,999,999
Price Per SF
$433.93
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.71
Lot Size
0.04 AC
Zoning
R6B - a medium density residential zoning district.
Frontage
20’ on Corona Ave
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01586-0037 | Improvements Assessment | $422,550 |
| Land Assessment | $104,850 | Total Assessment | $527,400 |
Property Taxes
Parcel Number
01586-0037
Land Assessment
$104,850
Improvements Assessment
$422,550
Total Assessment
$527,400
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9041 Corona Ave
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